The Impact of AI on the Labor Market: What Do We Know So Far?

Sustaining Capitalism

The rapid growth of artificial intelligence (AI) technology has led to widespread speculation that it may soon radically transform the labor market. As the world emerges from the COVID-19 pandemic, to what extent will AI replace human workers? And how can AI augment uniquely human capabilities? In a new podcast, John Gardner, Vice President of Public Policy at the Committee for Economic Development, the public policy center of The Conference Board (CED), interviews Marguerita Lane, an economist with the OECD’s Future of Work team. Lane’s research focuses on the effect of AI on the labor market. Together, they discuss some of the ways AI may be integrated into business operations and what the growth of the technology could mean for workers. Lane also shares notable findings from her research and explains why the OECD has adopted principles to promote use of AI that respects both innovation and human rights and democratic values.